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Asian companies are eager to embrace Big Data, but most are lagging in implementing their ambitious plans, according to a survey of more than 500 senior executives and frontline managers in Asia Pacific.

CFOs and other finance professionals predict continued improvement in business conditions in the US. They’re more optimistic than a year ago regarding economic growth and job creation, according to the Association for Financial Professionals.

Italy’s Senate, the Senato della Repubblica, passed a law under which Italian companies will be required to purchase online advertising from Italian companies, rather than from companies based in foreign countries.

The US Treasury Department announced on Thursday that the United States has signed six more bilateral agreements to implement the reporting and withholding provisions of the US Foreign Account Tax Compliance Act.

The new regulations and amendments approved include a requirement that audit firms rotate engagements with public-interest entities every ten years – with provisions for longer periods when engagements are put out for bid or joint audits are performed.

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